First Watch Restaurants vs Le Peep Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of First Watch Restaurants vs Le Peep including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
First Watch Restaurants Franchise
Le Peep Franchise
Investment $899,800 - $1,522,000$100,000 - $550,000
Franchise Fee $45,000 - $80,000$30,000
Royalty Fee 4%5%
Advertising Fee up to 3%-
Year Founded 19831981
Year Franchised 19831992
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
First Watch Restaurants Franchise
Le Peep Franchise
Experience --

Financing Options
 
First Watch Restaurants Franchise
Le Peep Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
First Watch Restaurants Franchise
Le Peep Franchise
Training -Your training will take place in a working Le Peep� restaurant, so that you can get real life experience as you learn. It entails approximately 7 weeks and covers every position in the restaurant. You will receive a Training Manual to study, as well as working each position. We do not charge you for the training, but you are responsible for your own living and travel expenses associated with it.
Support We work together with each franchisee to determine (1) the size of the development area of the market you are interested in pursuing, (2) the number of restaurants to be developed and (3) the schedule of openings. We also provide support in the areas of Real Estate site selection, training, marketing and a comprehensive Operations Manual.Operation, customer service, staff training, team building and many other aspects of running a successful business.
Marketing --
Operations --

Expansion Plans
 
First Watch Restaurants Franchise
Le Peep Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion -Yes

Company Overviews

About First Watch Restaurants

First Watch Restaurants was founded in 1983 in Pacific Grove, CA on the simple concept of putting customers first. In other words, we strive to provide unexpectedly extraordinary experiences everyday. It's all part of our "YOU FIRST" service philosophy - our commitment to doing whatever it takes to make our customers' visits memorable. First Watch Restaurants begin each day at the crack of dawn, slicing fresh fruits and vegetables, baking muffins and whipping up our French toast batter from scratch. We're committed to freshness using - some of the finest ingredients available - never compromising quality. First Watch Restaurants' unique Breakfast, Brunch and Lunch creations are freshly prepared to each order. When customers arrive, we welcome them with a pot of our coffee, complimentary newspapers and Wi-Fi Internet access. Today, First Watch Restaurants, Inc. is one of the largest privately owned, daytime-only restaurant companies in the country. Headquartered in Bradenton, FL, and operating more than 80 restaurants in 11 states, First Watch Restaurants offers something for everyone, from traditional Breakfast, Brunch and Lunch favorites to our signature creations. Business or pleasure, we take pride in meeting the special needs of our customers. If you have experience operating, managing or owning successful restaurants, are passionate about the First Watch Restaurants brand and truly want to succeed and be part of something fresh and unique, then you're just the kind of person we are looking for!

About Le Peep

THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY
The beauty of the Le Peep concept is its simplicity. Fresh as the day it was conceived. Superior quality. Reasonable Prices. Excellent perceived value. Far from "fast food". Le Peep meals are always satisfying and nutritious. A proven approach to management. A creative approach to an evolving menu. And operating standards as strict as your mom's. That's what keeps Le Peep... Le PeepManagers and staff enjoy working at Le Peep. They work with smiles and pride. Le Peep has a special effect on the public, too. Customers return repeatedly, regulars bringing friends, discovering the charm of a homelike setting where conversation and business flow together easily.Le Peep is a philosophy.Le Peep is a proven food service package. Le Peep is one great meal after another. Developed, tested, then presented to an appreciative public. Le Peep is that extra special eating experience the public calls "a real find." Even the hardest to please newspaper, radio and television food critics rate Le Peep "The Best in Town" - Town-after- Town.
What a concept. What a difference. What a perfectly mouth-watering opportunity for the discriminating restaurateur or developer. A Message from Our CEO After 25 years with the company, I am proud to be the President and CEO of Le Peep, a company that has been and continues to be the forerunner in the breakfast and lunch segment. We are the original and best breakfast and lunch restaurant chain and have been setting a standard in this segment for over four decades. We use the freshest and highest quality of ingredients. We take pride in treating our guests with the best and warmest hospitality, to recreate that feeling like they are at a family member's house. I am dedicated to continuing the great tradition of success and innovative ideas. If this concept and my goals sound like what you are looking for and you want to be a part of our family and enjoy the Le Peep life style with me, you may just find your place as a licensee. We look forward to hearing from you! ~ Kevin Wessel ~